Brokers Issue Forecasts for Copa’s Q1 Earnings (NYSE:CPA)

Copa Holdings, S.A. (NYSE:CPA) – Seaport Res Ptn lowered their Q1 2025 EPS estimates for Copa in a report issued on Wednesday, December 18th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will post earnings per share of $3.75 for the quarter, down from their prior estimate of $5.00. The consensus estimate for Copa’s current full-year earnings is $14.48 per share. Seaport Res Ptn also issued estimates for Copa’s FY2025 earnings at $15.35 EPS and FY2026 earnings at $17.00 EPS.

Copa (NYSE:CPA) last issued its quarterly earnings results on Wednesday, November 20th. The transportation company reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.48 by $0.02. Copa had a return on equity of 28.46% and a net margin of 18.20%. The company had revenue of $854.71 million for the quarter, compared to analysts’ expectations of $864.90 million. During the same quarter last year, the business earned $4.39 earnings per share. Copa’s revenue was down 1.5% on a year-over-year basis.

A number of other research analysts have also recently issued reports on the stock. StockNews.com cut shares of Copa from a “buy” rating to a “hold” rating in a research note on Monday, November 25th. JPMorgan Chase & Co. reduced their target price on Copa from $180.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, August 29th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Copa presently has a consensus rating of “Buy” and a consensus target price of $148.83.

Copa Price Performance

CPA stock opened at $88.87 on Monday. The company’s 50-day moving average price is $95.70 and its two-hundred day moving average price is $93.20. Copa has a 12 month low of $80.01 and a 12 month high of $114.00. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 0.56. The firm has a market cap of $3.50 billion, a P/E ratio of 5.88, a P/E/G ratio of 0.72 and a beta of 1.45.

Copa Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a dividend of $1.61 per share. The ex-dividend date was Monday, December 2nd. This represents a $6.44 dividend on an annualized basis and a dividend yield of 7.25%. Copa’s payout ratio is presently 42.59%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CPA. Carrhae Capital LLP bought a new stake in Copa during the 3rd quarter worth $52,166,000. Vontobel Holding Ltd. grew its holdings in shares of Copa by 7,848.9% during the third quarter. Vontobel Holding Ltd. now owns 418,588 shares of the transportation company’s stock worth $39,280,000 after purchasing an additional 413,322 shares during the last quarter. Sprucegrove Investment Management Ltd. increased its stake in shares of Copa by 8.3% in the second quarter. Sprucegrove Investment Management Ltd. now owns 3,086,189 shares of the transportation company’s stock valued at $293,743,000 after buying an additional 236,850 shares during the period. Point72 Asset Management L.P. bought a new position in Copa in the 3rd quarter valued at approximately $14,094,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in Copa during the 3rd quarter worth approximately $9,764,000. 70.09% of the stock is currently owned by institutional investors and hedge funds.

Copa Company Profile

Copa Holdings, SA, through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 375 daily scheduled flights to 82 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2023, it operated a fleet of 106 aircraft comprising 76 Boeing 737-Next Generation aircraft, 29 Boeing 737 MAX 9 aircraft, and one Boeing 737-800 Boeing Converted Freighter.